Carbon Primer

Forest Carbon Trading and Marketing in the United States¹

Steven Ruddell²
Michael J. Walsh, PhD
Murali Kanakasabai, PhD
October 2006

1. Introduction
2. Carbon Transactions – A Primer
3. Forestry and the Kyoto Protocol - The International Context
4. The United States Context
5. Global Carbon Markets
6. Trading and Marketing U.S. Forest Carbon Offset Projects
7. Forestry Project Accounting Issues for U.S. Registries
8. Conclusion and Synthesis

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¹This paper was commissioned by the North Carolina Division of the Society of American Foresters (SAF) and funded through the SAF’s Foresters’ Fund.
²Respectively, the coauthors are Director of Forest Investments and Sustainability, Forecon, Inc, Senior Vice President, Chicago Climate Exchange, and Economist, Chicago Climate Exchange.
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